Happy weekend traders, what an end to the year we have on our hands.. as most of you know already I have been screaming parity for some time!
I think that FX markets are not too complacent about the referendum. Italy's complicated politics mean a "No" vote (which is expected) doesn't necessarily follow through to the 5-star movement coming into power. The impact ...
The recent strong strength of USD pushes EUR/USD lower near to the support zone.
If the support zone was broken, it might move down all the way near parity (1:1)
If not, the price might bounce back from the current support zone.
We will keep monitoring this pair and waiting the right timing to entry.
Right now, we need to pay attention to the support zone near 1.054x area.
1. If the price breaks the support zone, we will look for opportunity to short when there is weak pull back (Highly Likely)
-If it really break the support zone, it will be a nice risk/reward trade :)
2. If the price bounces back from the support zone, it might move sideway or bounce back ...
EURUSD this time is near to monthly support. Take a long position from the provided blue zone but its not necessary that it will touch this blue zone. So keep an eye an open the trade after watching price action thanks
The U.S. Presidential election is finally upon us and the outcome is anything but certain. That said, we are anticipating that Donald Trump will fail to get elected and a Hilary win will be positive for the U.S. dollar and the EURUSD in particular, since this pair has started rallying in the aftermath of the latest political developments on the Friday when the FBI ...
You been asking a lot view on Euro.. I don't understand why you even trade it, it is a very boring cross.
But Euro will be back to 1.1220.
If this goes with your strategy and confirms your thoughts, happy buying.
I don't ptovide entry, SL.. I just see the target for EU.
Price brokes 1.1123 important support (now resistance) before. Now price are on this area. Hopefully price will retest this new resistance and going to fall.
Wait for a price action sell signal on this zone.
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As you know I have been yelling Parity at the top of my lungs since I've been on Tradingview, i'm sure some of you are sick of hearing it now! Most banks including now GS are targeting these lows, I would advise retailers to stay clear of GBPUSD and instead find opportunities on pairs like e.u.
Now likely a corrective 4th wave of a 5-wave from ...
Yesterday was a great day for us bears, my ban expired just in time and for those who were in the FX chat we made a nice 100 pips off Draghi moving his jaw.
As most of you know, I've been yelling euro -0.46% is failing since I joined TV... it is prudent to not over complicate things here, a clear wedge in unity driven from immigration, ...